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. we had enough bellwethers, in tech and items, other areas of the economy to get an idea how earnings are going. what does that tell but the overall economy, what we've seen so far with earnings, john? >> our view is we're still in very luggish growth and real opportunities are coming out of the easy money policies of the central banks along with the emerging middle class in the developing world and so we're looking at, we're very bullish on commodities. we're very bullish on companies that produce those. companies that are helping find oil, that have sophisticated technology in the oil service area. we think the overall market is really still in a secular trading range that it has been in for the last 13 years and up at the upper boup drills of that. liz: john, are you spooked at all what seems years ago and it was earlier this week, the gdp of china missed estimates? it was lower than expected growth? and you still believe in commodities why? because a lot of chinese still need to be fed and need to build skyscrapers? what is the your focus here? absolutely. 7.7% gdp growth is still
were worried already about the underlying fundmentals of the economy and market. what did you mean by that? >> separating the two, the economy and the markets are kind of acting like on one side slow growth particularly on the revenue side world wide including china and we understand the dependence on what is happening with the feppeds -- feds with the zero cost of money . on the other hand, we have an issue of people looking for a safe haven. united states is probably the safest democratic country right now and a growing acceptance that interest rates will go up. particularly in 2014 . they are rotating on the bond and going into the equitty conflict. you have a good news/bad news kind of thing. that supported the market in the end of the day. so much money is looking for a home. on the other hand, there is a rude awakening before it is all over. >> you know when you look at the market in general and what is an aggressive run up look at the past week, i guess it shouldn't surprise you. i do i want want to overly bore the viewers and over do it. but the sectors most impacted were h
worried about china especially about the economy after the lower than expected growth numbers that we saw this week. and he addressed that. he was talking a bit about the concerns about rising debt levels and he played those down. he played down the weaker growth. >> i don't think people should panic about chinese economy will continue to grow at the sustainable level. the government's target could be fulfilled without much difficulty and we aim at the quality of the growth. i don't think achieving 7, 7.5% is a big deal for china. i don't think so. >> the fund invests heavily in resources. i couldn't help myself from asking him specifically about gold. he believes the sudden drop in gold is general instability in the global economy. he hopes it comes back at some point soon. >> thank you very much. we were watching that and that's the perfect segue. we've been watching what's happening and it's important to see what the chinese think about this and no better person than cic chairman. we'll talk about gold and what's been happening not only with gold but also oil prices after yesterday slu
? >> my instinct tells me that the answer is no, that in economic terms i think the market, the economy at large will move beyond this relatively quickly. but at the same time, there may be some lingering impact in terms of investor sentiment. the sell-off clearly that occurred on friday and then again on monday, in my opinion, was a reassessment of the pace of global growth. important to point out that most of the weakness yesterday was already in the market before the bombings took place. but clearly, there is an impact on investor sentiment, a reminder that it's a dangerous world. and so you may see a little bit less of a risk appetite going forward. in economic terms, i think we'll move beyond it fairly quickly. >> yeah. john, i guess you would ask, at this point, you wouldn't think that consumers would change behavior based on this. it could potentially aveng -- i don't know, whatever group you want to talk about, jonathan, restaurants or any type of tourists activities. nothing to expect at this point, do you think? >> if you said to me are consumers going to be spending time watc
is a realization now that the market is probably well ahead of itself, based on what the economy is, based on what we're seeing happening around the world in china, certainly what's going on in europe. so the fact is that investors all of a sudden are deciding, geez, we better start paying attention to this news, becausing the market is well ahead of itself. so what you're seeing is the market backing off and really coming back or trying to come back to a state of equilibrium between where the economy is and where the market should be. the whole boston thing and boston marathon and that down in d.c. is certainly adding some angst to the market, but that's not the reason the market is off 170 points. part of it is much more technical just in terms of market action. >> but, michael, when we saw the market come off the lows, it happened to be when we thought there was an arrest. is that a coincidence with the markets? >> i think to some extent, there's going to be a little bit of a relief move if you see some kind of arrest really happen, but these deflationary pressures have been in play since the e
result. also what i liked is some of the bright spots that we see in an otherwise challenged economy. namely, the recovery of housing, particularly in our big housing states of california and florida. this has put an underpinning under consumer confidence and we see the preassumption of home construction, the energy situation in texas is very strong, lead to go an increase in pickup truck sales for us of plus 18%. we also had significant acquisitions in the quarter. in both phoenix and dallas, revenue run rate of 250 million, which when combined with last quarter is now over 800 million of acquisitions within the last six months and is, finally, and last but not leaf least, we've branded 0% of the company now under the flag of auto nation and the branded markets, even though we walked away from some names that were 80 years old, improved share right out of the box. >> that's what i was thinking, you know, wayne has been trying to get you to do that for a while and you finally listen to him and then you get the best quarter ever. >> yeah, you know, i should always listen to wayne soon
are characterizing this as a real threat to kill people, hurt economy.and a threat to the you know, they are cautious in saying that this was an imminent threat but it was not an aimminent but no less a very real threat. what's interesting here, jake, is they refused to release any information regard the search warrants. i tell you they have a good handful of plots under surveillance right now, and i've been briefed on a few of them. what they do is they continue from the very instant they seize on communication or anything that is suspicious, they then start to try and gain the authority to be able to bug their mobile phones, bug their homes, do whatever they need to do to keep the public safe. it seems to be what's happened at this point in time. they still say that the searches -- that the execution of those search warrants is ongoing, which is key what they find there. will they find explosives, the beginnings of a bomb, or will they find more stuff on computer hard drives, phone calls in question, things like that which would make the plot more aspirational. the other thing is, jake, they said t
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. lookin' good, flo! feelin' good! feelin' real good! [ engine revs ] boat protection people love. now, that's progressive. call or click today. >>> i'm wolf blitzer reporting live from boston. fredricka whitfield is joining us from the cnn center in atlanta. we have new information we're watching right now. we want to share with you about the boston marathon bombing investigation. cnn can exclusively reveal that the alleged bomber tamerlan tsarnaev had video of a known jihadist on his personal youtube channel. the video is of a man named abu dujana. he was killed by russian forced last december. he died in the capital of dagestan, which is in russia, where tamerlan's father currently lives and where tamerlan spent at least some time, maybe six months, if not more, in 2012. cnn cannot confirm that tamerlan and abu dujana actually met in pakistan. the video had been deleted from tamerlan's youtube account but was tracked down by cnn. here's the latest information on tamerl
that people view as specific predictors of where the economy is going. and again, you can see while it did go down in august of 2012, we've essentially had six straight months of either flat or up and then we had a down. and, again, we would normally want to see something like three months of a trend before we made too much of this. but the fact is, that's not -- it's not a good news. so the question is, well, why is this happening? we've had -- first we've had soft spots in the economy for the last two or three springs. might be another one of those. but you have had the payroll tax increase go into effect. you've had sequestration go into effect. you have no growth in people's incomes. that was the more disappointing numbers out of the last unemployment insurance report. and if people don't have money, they can't spend money. and finally, we're being affected in the slowdown in europe in particular and the slowdown in the emerging markets. our export growth has fallen to about zero at the moment because there isn't demand overseas for our products. so it feels like a little bit of a soft sp
get there. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. from the united states postal service a small jam maker can ship like a big business. just go online to pay, print and have your packages picked up for free. we'll do the rest. ♪ >>> welcome back to a special edition of "newsroom," live from boston. i'm wolf blitzer reporting. today, the fbi faces a grilling on capitol hill over the boston bombings, lawmakers want to know if the agency missed vital clues two years ago. that's when agents interviewed the older suspect, tamerlan tsavraev, at the request of the russian government. cnn's national political correspondent jim acosta joins us from washington now with what's going on. a lot of frustration, a lot of what ifs, could if this boston magnificent y massacre been prevented? those are the questions that will be brought forward today. >> that's right, wolf. it will be playing out on capitol hill. the senate intelligence committee has set a hearing for 2:30 this afternoon with fbi officials, they will be
the same with gold. i think the drop in gold is a very positive signal for the longer term economy. but i think these events coming together so rapidly, what went on in boston and the gold crack up and you mentioned commodities, it has given people an excuse to take whatever, 5% to 7% breather in stocks. >> i think that's a good point. what we don't talk about, money coming out of gold is not a bad thing. it's a positive thing in the long run for equities. other commodities especially oil, gasoline prices come down 17% from their peak. i think that's going to be a positive in the economy. so you have to look at the bright side of some of these things. but you're right, it's impossible to separate the emotional from the economic. and we have both going on. a tragedy occurred. it's hard to separate both. >> emotion plays a big role in the stock market. art, thank you very much. we'll resume our coverage of the boston marathon bombing investigation when the kudlow report comes right back. maxwell is not. he's on geico.com setting up an appointment with an adjuster. ted is now on hold with hi
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connect. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. . >>> welcome back to boston. serious questions being raised about what went into the planning of the attack here at boston marathon. now, the suspect in custody says it was just him and his brother. but we are learning and now suspecting that may not be altogether true. cnn pentagon correspondent barbara starr joins us now. bar ra, what have you learned about possible links to al qaeda or others? >> reporter: well, chris, what we are hearing from u.s. officials we have spoken to is they are taking the claims that dzhokhar tsarnaev has made and taking a look at whether the two brothers may have learned their expertise online. one of the things they are looking at is an online publication called inspire. this is a publication essentially, online site, sponsored by al qaeda in the arabian peninsula essentially al qaeda in yemen. amongst the extremist jihady move. well known, in existence for many years. they published some time back a recipe for making a pressur
the internet of everything. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. bombing case are tonight revisiting an unsolved crime from september 2011. let me explain it to you because this is truly biz sflar. one of tamerlan tsarnaev's closest friend and two other people were brutally murdered by having their throats slit. what does this case have to do with the boston attacks? deb feyerick is with me now ands that been investigating that. deb, when i saw this, it seemed almost too bizarre that he could have known someone involved in this triple murder and i know they are trying to find out the case was never closed. what have you learned? >> yeah, erin. what's fascinating about this entire thing is a number of agents investigating the marathon bombing have now turned their attention over to this grisly triple homicide. one of the reasons is that tamerlan and one of the victims were best friends. they were sparring partners and by all accounts they were very, very close to one another. well, that friend was killed b
all of that? no, he's right though... ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. humans. we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back, offering exclusive products like optional better car replacement, where if your car is totaled, we give you the money to buy one a model year newer. call... and ask an insurance expert about all our benefits today, like our 24/7 support and service, because at liberty mutual insurance, we believe our customers do their best out there in the world, so we do everything we can to be there for them when they need us. plus, you could save hundreds when you switch, up to $423. call... today. liberty mutual insurance -- responsibility. what's your policy? >>> welcome back to "the lead" jake tapper live in boston. lives were lost and lives changed forever here but the city is slowly inching back to normal today as business owners, some who witnessed unthinkable horrors, came back to boyleston street to recl
, the economy comes to life. norfolk southern. one line, infinite possibilities. how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ to enjoy all of these years. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> continuing to cover bombings in boston. getting new developments, information about the device or one of the devices we understand. susan candiotti in new york on the line. what have you been hearing, susan? >> reporter: michael a federal law enforcement official with knowledge of the investigation is telling us that investigators now believe that one of the bombs appears to have been placed inside a metal pressure cooker that was hidden inside a backpack.
said, joe. she marked a total sea change in britain's relationship with the market economy before she came into power and anything that was considered important in the post-war british era was controlled by the state. nobody would do that today. she had a very permanent difference in the way britain see the mark of the economy and we are now a country which is the product of margaret thatcher's economic vision. >> steve rattner, i have been amused by commentary coming out of great britain one after another after another kr criticizing margaret thatcher on how she took on the unions and there is that line it had to be done. you were a "the new york times" reporter there. you have said the margaret thatcher is why great britain is great britain today and not italy or spain or greece. >> look. i agree. to me, it seems very clear that when she did was to save great britain from economic irrelevance and i think what may explain a little bit of the difference between the british view and the american view is that what she did was radical by british standards because britain had moved so clo
a pro. yes, it is. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> the boston bombing set off a heated debate about trying terror suspects as an enemy combatant. >>> my next guess is former attorney general under george w. bush. there is question as it whether he should be tried as an enemy combat. what would you have recommended. >> it shouldn't be a debate. the statute setting uch the military commissions that we have now makes it unlawful to try an american citizen before them. end of discussion. >> when you heard the state senate demanding the right to torture this man, what was your reaction to that? >> come on. we don't torture. torture is illegal under the u.s. statute. i know of no instance in which anybody has committed officially stanks sanction editor tour. >> we know president bush allowed water boarding. at least three times. >> there is torture statute. it is unlawful to impose severe physical or mental pain or suffering. and severe physical pain or suffering isn't defined, severe mental p
... we're making it. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> 34 minutes past the hour. i'm jonathan mann. >> and i'm isha sesay. it is just over one week since the boston marathon bombings that shocked the world. >> and the city is trying to heal. people in boston and across the u.s. observing a moment of silence at 2:50 p.m. local time monday. >> it was intense. it was full of highs and lows. we worked really, really hard. there were a lot of people that came to help solve this problem but the bottom line was we got them. they are either arrested or dead. and that is the way we have to deal with this type of a situation. we try to prevent everything. and we are so sympathetic to anybody injured or killed in this attack but they caught us and we now have to go back and hold accountable. >> let's bring you up to speed. the surviving suspect is communicating with investigators from his hospital bed. dzhokhar tsarnaev indicated that he and his deceased older brother acted alone and had no help from f
's the♪rush? (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> the surviving bombing suspect is charged with federal authorities in his hospital bed with fatal use of a weapon of mass destruction. joining us now is congressman dutch ruppersberger of meyaryla, the senior congressman of the house intelligence committee. thank you, congressman, i know you've been well briefed in what's going on. is it your sense right now that these two brothers, one of whom is now dead, were in fact linked to some sort of terrorist group? >> at this time, wolf, we have no indication. of course, that's one of the big issues. we have our intelligence committee right now, both internationally and internally, getting any information that we can to find out what the motive was for this terrible crime to occur. >> the boston police commissioner, ed davis, says that these two suspects may have been planning more attacks down the road. what can you tell us about that? >> i don't think we have any information to that effect other than they
, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> welcome back to boston. we are live here with continuing coverage of the attacks at the boston marathon. i'm chris cuomo joined by juliette kayyem, and a host correspondents helping us out with reporting. just 24 hours ago it seemed as though they were dealing with the obvious obstacles of trying to find something in such a huge area and so random. and then piece by piece, they started to fill in this puzzle. the huge part that came with photos of what they believe to be the explosive devices, where we found out about the theory of a pressure cooker. the lid was found on top of one of the buildings across the street from one of the explosions showing how powerful that power cooker bomb could have been. they have been finding various pieces, anyone who has been here can tell you literally 24 hours a day that two sites have had men in white jump suits, measuring, taking pictures and taking pieces of things and cataloging all of it, sending it down to quantico, virginia, where they're putting the investigative boo
it. >> in 1839, britain, at the moment it controls more of the world economy than it will ever do before or since, about 40% of world trade, go in and invades afghanistan. looks as if it's going to be incredibly easy. >> always does, doesn't it? >> they walk in as with many other subsequent invasions, looks as if everything's going to go very easy. within a few months they are busy ice skating. they brought their fox hounds. they've come up with 30 camels full of -- they brought three camels with cigars. one camel just carrying eau du cologne for the troops. all looks easy. within 18 months the most incredible jihad has been declared. the troops are completely surrounded. because they walked in so easily they haven't made any fortifications. they're surrounded on all sides by hills. the afghans capture their food and ammunition within about 48 hours. they shoot the deputy governor at the uprising. the main governor goes out to negotiate. he gets shot dead. you have a completely lead to this army without food, without ammunition in the middle of winter. all they can do is retreat.
: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. oh, hi thehey!ill. are you in town for another meeting? yup, i brought my a-team. business trips add up to family time. this is my family. this is joe. hi joe! hi there! earn a ton of extra hhonors points with the daily grand promotion and feel the hamptonality. >>> welcome back. i'm brooke baldwin live in boston. jake tapper now stepping away preparing for his show "the lead" which starts at the top of the hour. i want to let you know we're learning new details about the older of these two brothers, tamerlan tsarnaev, from a cambridge, massachusetts, mosque, just over the charles river from where we are here, where tamerlan tsarnaev often came to pray. so back in january, the older tsarnaev disrupted services at islamic society of boston mosque, this is according to a board member that brian todd talked to when he visited the mosque today, and you have new information just about attending the mosque and this outburst that we keep reading about. tell me about that. >> some more specific
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. an educational mecca, health care mecca. we're an innovation economy mecca. and this may have made us a likely target for what happened at the boston marathon on monday. >> thank you very much for joining us. he is with boston globe, which has been putting out a lot of the information we have been following since monday. >> dow looks like it would open up 22 points. s&p up 8 points. nasdaq by 22 points. and a business story of notes and breaking news. dell's special committee is confirming it has received a notice from blackstone group. sit withdrawing from the bidding process. blackstone will not submit a definitive proposal to buy the company. they submitted an indication of interest for 25eu billion offer in march. a letter saying that it "found a significant number of issues that surfaced since we submitted our letter of proposal on march 22nd." specifically i should note an unprecedented 14% market decline, the steepest drop in history. they are now saying is inconsistent with management's own projections for growth. ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come i
Search Results 0 to 25 of about 26 (some duplicates have been removed)